What is capitalism


Like the United States and the United Arab Emirates, low taxes and low welfare (recently moving towards socialism, high taxes and high welfare are the trend)
The government plays the role of a good watchman
What is socialism
Like Scandinavia, high taxes and high welfare
The government plays the role of a good parent
What is smism
Like North Korea, high taxes and no welfare
The government holds the whip, willing to whip whoever they want
People are whipped like spinning tops, and still shout "Thank you"
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